Federal Realty Investment Trust (NYSE:FRT) Receives Average Recommendation of “Hold” from Analysts

Federal Realty Investment Trust (NYSE:FRT) has been assigned an average rating of “Hold” from the seventeen analysts that are currently covering the stock, Marketbeat reports. Ten analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $108.70.

A number of brokerages have weighed in on FRT. Wells Fargo & Company began coverage on shares of Federal Realty Investment Trust in a research note on Tuesday, October 21st. They issued an “overweight” rating and a $113.00 target price for the company. Deutsche Bank Aktiengesellschaft set a $105.00 price target on shares of Federal Realty Investment Trust and gave the company a “hold” rating in a report on Tuesday, October 7th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Federal Realty Investment Trust in a report on Wednesday, October 8th. Truist Financial increased their price objective on Federal Realty Investment Trust from $105.00 to $109.00 and gave the company a “hold” rating in a research report on Tuesday, December 2nd. Finally, LADENBURG THALM/SH SH raised Federal Realty Investment Trust to a “strong-buy” rating in a research note on Tuesday, September 9th.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Hilltop National Bank bought a new position in shares of Federal Realty Investment Trust during the second quarter worth $28,000. GKV Capital Management Co. Inc. acquired a new position in shares of Federal Realty Investment Trust in the first quarter valued at approximately $30,000. Spire Wealth Management boosted its stake in Federal Realty Investment Trust by 365.3% in the 2nd quarter. Spire Wealth Management now owns 335 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 263 shares during the period. Advisory Services Network LLC bought a new position in shares of Federal Realty Investment Trust during the third quarter worth about $35,000. Finally, Quent Capital LLC bought a new position in shares of Federal Realty Investment Trust during the 3rd quarter worth approximately $39,000. 93.86% of the stock is currently owned by institutional investors and hedge funds.

Federal Realty Investment Trust Trading Up 1.6%

Shares of Federal Realty Investment Trust stock opened at $101.69 on Thursday. The stock has a market capitalization of $8.77 billion, a P/E ratio of 25.81, a price-to-earnings-growth ratio of 3.68 and a beta of 1.01. The company has a quick ratio of 1.60, a current ratio of 1.60 and a debt-to-equity ratio of 1.52. Federal Realty Investment Trust has a 12-month low of $80.65 and a 12-month high of $115.59. The company has a 50-day simple moving average of $97.89 and a 200 day simple moving average of $97.05.

Federal Realty Investment Trust (NYSE:FRT) last released its quarterly earnings results on Friday, October 31st. The real estate investment trust reported $1.77 earnings per share for the quarter, beating analysts’ consensus estimates of $1.76 by $0.01. Federal Realty Investment Trust had a return on equity of 11.12% and a net margin of 27.65%.The firm had revenue of $321.97 million during the quarter, compared to analysts’ expectations of $318.73 million. During the same period last year, the firm posted $1.71 EPS. The business’s revenue was up 6.2% on a year-over-year basis. Federal Realty Investment Trust has set its FY 2025 guidance at 7.200-7.260 EPS. Research analysts expect that Federal Realty Investment Trust will post 7.15 earnings per share for the current fiscal year.

Federal Realty Investment Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Friday, January 2nd will be given a $1.13 dividend. This represents a $4.52 dividend on an annualized basis and a yield of 4.4%. The ex-dividend date is Friday, January 2nd. Federal Realty Investment Trust’s dividend payout ratio (DPR) is presently 114.72%.

Federal Realty Investment Trust Company Profile

Federal Realty Investment Trust is an equity real estate investment trust, which engages in the provision of ownership, management, and redevelopment of retail and mixed-use properties located primarily in communities where demand exceeds supply in strategically selected metropolitan markets. The company was founded in 1962 and is headquartered in North Bethesda, MD.